Bitcoin

Out of context: Reply #2142

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  • drgs1

    https://twitter.com/michael_sayl…

    "MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR"

    Pain threshold at 26k, now we're definitely going to 26k

    drgs 1Permalink
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    • This is the ex-military guy who got lucky (via The Old Boy's Network) back in the 90s but has never actually managed to produce much of actual value?Nairn
    • wer, this says much
      https://pbs.twimg.co…      Nairn
    • Current market price: $32K BTCUSDgrafician
    • Not today, but during this yeardrgs
    • no drgs, I meant he is in the red by a lot lolgrafician
    • and no, pain threshold is not 26k, he bought most of the new coins at well over that price!grafician
    • the issue with this guy, he's emotionally compromised, and he makes no sense, holding vs. trading...oh well, that's why the call it "dumb money"grafician
    • He also bought bunch of coins below 15k. Anyway, he can't sell 13000 bitcoins without pushing the price below his average cost 26k, so he is already underwaterdrgs
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